Warning lights
Signals from the annual accounts, the CBE and the Official Gazette, each with its threshold and source. No score, no verdict.
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Negative equity NBB
More debt than assets in 4 of the last 4 fiscal years.
Financials
Financial year 2025
EMD Elektro from Izegem, company number BE0808058401, closed financial year 2025 with a result of € 2,985 after tax. For that financial year EMD Elektro recorded a gross margin of € 3,675 and equity of € -149. Compared with financial year 2024, the result moved from € -1,255 to € 2,985. Profitable, and profit is growing. More debts than assets. High debts against a small own buffer. The most recent annual accounts were filed with the National Bank of Belgium on December 15, 2025.
€ -149
▲ € 2,985 vs 2024
Assets minus debts, by the books. What is left if everything were sold and paid today.
€ 2,985
▲ still € 1,255 loss in 2024
Profit after tax over the fiscal year.
€ 6,274
Cash and bank balances on the last day of the fiscal year.
Stays in the company
No dividend for 2025. Retained profit grew to € -18,749.
People and assets in 2025
≈ 1
No payroll staff. One director, so that person most likely runs the business.
Debts at end 2025
€ 34,000
Loans from banks and other lenders, long and short.
€ 13,289
▲ € 10,512 vs 2024
Supplier invoices still open on the last day of the fiscal year.
€ 147
Corporate tax and VAT still to pay. No wage debt: nothing outstanding to staff or social security.
| 2022 | 2023 | 2024 | 2025 | Change 2024 → 2025 | |
|---|---|---|---|---|---|
| Gross margin | € -57 | € -57 | € -1,457 | € 3,675 | ▲ € 5,131 |
| Profit after taxes | € 187 | € 154 | € -1,255 | € 2,985 | ▲ € 4,239 |
| Equity | € -2,033 | € -1,879 | € -3,134 | € -149 | ▲ € 2,985 |
| Total debts | € 167,804 | € 167,841 | € 169,626 | € 185,690 | ▲ 9% |
| Cash | - | - | - | € 6,274 | |
| Retained profit | € -20,633 | € -20,479 | € -21,734 | € -18,749 | ▲ € 2,985 |
| Bank debt | € 34,000 | € 34,000 | € 34,000 | € 34,000 | |
| Balance sheet total | € 165,771 | € 165,962 | € 166,493 | € 185,541 | ▲ 11% |
Key figures of EMD Elektro, fiscal years 2022 to 2025, from the annual accounts filed with the National Bank of Belgium.Next annual account (fiscal year 2026) expected before 30 January 2027.
What happened to EMD Elektro?
What happened at EMD Elektro in recent years, according to the Belgian Official Gazette, the CBE and the National Bank:
- New annual accounts for financial year 2025: profit of € 2,985. Source: NBB ↗
- New establishment in Izegem. KBO
- Start of the company according to the CBE. KBO
In short
From € 187 profit in 2022 to € 2,985 profit in 2025.
Best year ever: 2025, with € 2,985 profit.
Management
Behind EMD Elektro is Olivier Deschietere.
Directors
According to the 2025 annual accounts
Olivier Deschietere
Director
Establishments
Establishment units
Physical locations of this company
Kortrijksestraat 341
8870 Izegem
Who else lives here?
A building full of entrepreneurs or one very busy letterbox? Another 1 companies are registered at this address.
All companies at this address →What is an establishment unit? An establishment unit is a geographically identifiable place where activities of the enterprise are carried out.
Details
- Company number
- 0808.058.401
- VAT number
- BE 0808.058.401
- Registered office
- Kortrijksestraat 341, 8870 Izegem
- Names & denominations
- EMD Elektro
- Enterprise type
- Rechtspersoon
- Legal form
- Private limited company
- Legal situation
- Normale toestand
- Start date
- 25 November 2008
- Peppol
- Active · Active since 20 Nov 2020
- Activities · NACE
Ontwikkeling van residentiële bouwprojecten
Activiteiten van adviesbureaus op het gebied van public relations en communicatie
Groothandel in bouwmaterialen, algemeen assortiment
Vervaardiging van machines en apparaten voor klimaatregeling, voor niet-huishoudelijk gebruik
Groothandel in ijzerwaren
Reparatie en onderhoud van consumentenelektronica